XML 44 R31.htm IDEA: XBRL DOCUMENT
v3.20.4

Goodwill and Intangible Assets (Tables) | 3 Months Ended
--- | ---
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Changes in Goodwill for Each Reportable Segment | The following analysis details the changes in goodwill for each reportable segment:
| Recorded Music |  | Music Publishing |  | Total
| (in millions)
Balances at September 30, 2020 | $ | 1,367 |  |  | $ | 464 |  |  | $ | 1,831 |
Acquisitions | — |  |  | — |  |  | — |
Other adjustments (a) | 20 |  |  | — |  |  | 20 |
Balances at December 31, 2020 | $ | 1,387 |  |  | $ | 464 |  |  | $ | 1,851 |
______________________________________ (a)Other adjustments during the three months ended December 31, 2020 represent foreign currency movements
Schedule of Indefinite Intangible Assets | Intangible assets consist of the following:
| Weighted-Average Useful Life |  | December 31, 2020 |  | September 30, 2020
|  |  | (in millions)
Intangible assets subject to amortization: |  |  |  |  |
Recorded music catalog | 11 years |  | $ | 1,028 |  |  | $ | 876 |
Music publishing copyrights | 26 years |  | 1,721 |  |  | 1,597 |
Artist and songwriter contracts | 13 years |  | 994 |  |  | 862 |
Trademarks | 16 years |  | 83 |  |  | 81 |
Other intangible assets | 6 years |  | 87 |  |  | 84 |
Total gross intangible asset subject to amortization |  |  | 3,913 |  |  | 3,500 |
Accumulated amortization |  |  | (1,945) |  |  | (1,847) |
Total net intangible assets subject to amortization |  |  | 1,968 |  |  | 1,653 |
Intangible assets not subject to amortization: |  |  |  |  |
Trademarks and tradenames | Indefinite |  | 156 |  |  | 154 |
Total net intangible assets |  |  | $ | 2,124 |  |  | $ | 1,807 |
Schedule of Finite-Lived Intangible Assets | Intangible assets consist of the following:
| Weighted-Average Useful Life |  | December 31, 2020 |  | September 30, 2020
|  |  | (in millions)
Intangible assets subject to amortization: |  |  |  |  |
Recorded music catalog | 11 years |  | $ | 1,028 |  |  | $ | 876 |
Music publishing copyrights | 26 years |  | 1,721 |  |  | 1,597 |
Artist and songwriter contracts | 13 years |  | 994 |  |  | 862 |
Trademarks | 16 years |  | 83 |  |  | 81 |
Other intangible assets | 6 years |  | 87 |  |  | 84 |
Total gross intangible asset subject to amortization |  |  | 3,913 |  |  | 3,500 |
Accumulated amortization |  |  | (1,945) |  |  | (1,847) |
Total net intangible assets subject to amortization |  |  | 1,968 |  |  | 1,653 |
Intangible assets not subject to amortization: |  |  |  |  |
Trademarks and tradenames | Indefinite |  | 156 |  |  | 154 |
Total net intangible assets |  |  | $ | 2,124 |  |  | $ | 1,807 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -Subparagraph (b),(d) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration